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Oct 17, 2013
10/13
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and wall street never doubted that the debt ceiling wouldn't be raised. so for me that's the remarkable thing, that wall street completely ignored washington, d.c., just set it to one side, and to it? of the opinion that the economists and investors, and market makers are of the opinion that maybe the biggest hurdle to sustain and enhance growth in the u.s. economy are the elected representatives in washington, d.c., based on the fact we could back here in three month's time. >> a lot of that data that we refer to has been backed up because of the shutdown. when is that going to be released? and how will it effect the ma t mafkt -- market? >> that's a good point. there is no piece of information that is more important in the world than the [ inaudible ]. and in october we were in furlough, so the figures didn't come out, so we don't know what the jobs report was for october. these are numbers geeks here, they love to crunch numbers. so i'm not sure if we will get a interim figure, or they will dump it into november. i don't know, but you need these number
and wall street never doubted that the debt ceiling wouldn't be raised. so for me that's the remarkable thing, that wall street completely ignored washington, d.c., just set it to one side, and to it? of the opinion that the economists and investors, and market makers are of the opinion that maybe the biggest hurdle to sustain and enhance growth in the u.s. economy are the elected representatives in washington, d.c., based on the fact we could back here in three month's time. >> a lot of...
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Jan 27, 2013
01/13
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the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure, but it was also year after year of balanced budgets and some of 9 most fiscally responsible policies from congress we have seen in modern times. \[applause] the only hope of getting anything affirmative done is requesting to come from those leverage points because president obama has indicated, sadly, he has no interest in being bill clinton. he has no interest in tacking to the middle. he has no interest in compromising with anybody, and the only way we're going to restrain the out of control spending and debt that's threatening our future is to use those leverage points to
the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure, but it was also year after year...
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Oct 20, 2013
10/13
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, the idea it has to separately agree to raise the debt ceiling to raise the money to pay for them invites exactly what martin said which is internal inconsistency. congress says yes, we'll vote for spending but we won't vote for debt ceiling. >> martin, above your piece was an interesting piece by a chinese economists who we all know, david lead, really respected by the chinese respect, where he said it's mystifying how the united states is acting but mystifying why china continues to buy so much american debt. he outlines a simple way the chinese could diversify into a bunch of things saying chinese have so much money they could put a trillion dollars into other country's bonds which are high quality. don't you think people in china and perhaps in other countries are wondering for themselves maybe we should diversify. we don't need those many treasury bills. >> i think that's perfectly plausible. if they regard these and they did in some ways as safest assets in the world, and then that must have taken a knock. it's clear that we're going to see this again in a few months. there will be
, the idea it has to separately agree to raise the debt ceiling to raise the money to pay for them invites exactly what martin said which is internal inconsistency. congress says yes, we'll vote for spending but we won't vote for debt ceiling. >> martin, above your piece was an interesting piece by a chinese economists who we all know, david lead, really respected by the chinese respect, where he said it's mystifying how the united states is acting but mystifying why china continues to...
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Jan 15, 2013
01/13
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senator against the debt ceiling, he talked in essence how irresponsible it was to raise the debt ceiling. what in the world happened between then and now? why does somebody responsible for something raise the debt ceiling that wasn't before? what's the difference? >> i think that the president was terribly irresponsible, to say he's not talking about it because he's above it to blame congress, in part congress creates this problem, but we're going to solve this problem. i got elected to uphold the constitution and leave this country better than how we found we can't keep spending our kids inheritance, can't keep spending their money, we don't have it. >> greta: apparently he has threatened, i think his statement, at least people-- that in the event, congress doesn't authorize to raise that debt ceiling that he will do it unilaterally himself and he thinks he has the authority. do you >> absolutely not. under the 14th amendment of the constitution you can only do this as authorized by law and law is only created through the united states congress. so the president has absolutely no ground
senator against the debt ceiling, he talked in essence how irresponsible it was to raise the debt ceiling. what in the world happened between then and now? why does somebody responsible for something raise the debt ceiling that wasn't before? what's the difference? >> i think that the president was terribly irresponsible, to say he's not talking about it because he's above it to blame congress, in part congress creates this problem, but we're going to solve this problem. i got elected to...
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on october 17th, america will go into default, unless congress raises the debt ceiling, the amount of money the country can borrow. the obama administration is warning that social security benefits for millions of americaning could be put on hold, john and diana? >> tahman bradley live for us in washington this morning. thank you. >>> brings us to our facebook question of the day. what do you blame most for the shutdown. darlene says, the tea party and those afraid to stand up to them. karen is pointing the blame at democrats. i blame harry reid and obama. in that order. kim says, all of them. there is no one side. they each have a part. >>> suspected terror mastermind abab anas al libi, can be held without giving miranda rights. he is wanted in connection with the bombing of two baertss in africa, that killed hundreds of people. >>> police have made a fourth arrest in the terrifying rod rage incident between motorcyclists and the driver of an suv. police say a 29-year-old brooklyn man has been arrested on charges that include gang assault. detectives are looking for three more people
on october 17th, america will go into default, unless congress raises the debt ceiling, the amount of money the country can borrow. the obama administration is warning that social security benefits for millions of americaning could be put on hold, john and diana? >> tahman bradley live for us in washington this morning. thank you. >>> brings us to our facebook question of the day. what do you blame most for the shutdown. darlene says, the tea party and those afraid to stand up to...
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Oct 11, 2013
10/13
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debt ceiling is not raised later this month. the u.s. government collects enough in taxes each month to finance interest on the debt." again, i'm not trying to trivialize this scenario, but i do think it is important to talk precisely about we are -- about what we are talking about. i don't think it is accurate to talk about if we default next week. i don't think there's any need, any chance of defaulting next week. does anybody disagree with that, defaulting on payments on government securities? >> senator, i agree with you. however, let me tell you what is happening at the street level. the confidence of our buyers and sellers is waning very rapidly. we have transactions canceling right now. we have people not being able to get loans. we can't get beyond where we are at. it is going to go backwards very fast. yes, you could probably mechanically do all of this, but the confidence of the american people is going to be really in the toilet. >> mr. thomas, let me pick up on another comment of yours. in your testimony, you sort of
debt ceiling is not raised later this month. the u.s. government collects enough in taxes each month to finance interest on the debt." again, i'm not trying to trivialize this scenario, but i do think it is important to talk precisely about we are -- about what we are talking about. i don't think it is accurate to talk about if we default next week. i don't think there's any need, any chance of defaulting next week. does anybody disagree with that, defaulting on payments on government...
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Jan 15, 2013
01/13
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>> because there was no imminent threat of the debt ceiling not being raised, right? these were protest vote ofs, as opposed to organized efforts -- >> neil: i don't know. i covered at the time. that was a close call. that was a close call. every prominent democrat voted to stop it. you are right nretrospect tdidn't happen and like the prior incidents, it never happened. but i just worry about giving a president of either party cart blanch authority to go ahead and raise the debt ceiling t. does take away, what little incentive and back bone there is to show a back bone, doesn't it? >> i don't agree. neil, i have a lot of respect for you and this show. i just don't agree with you. what i wish would happen right now, let paul ryan -- the republicans are in control of the house. they have a budget committee chairman who is nationally regarded, vice-president of the republican party. let him hold hearings, engage the american people, pass a budget, challenge the democrats to meet him halfway -- >> neil: i am not saying -- [overlapping dialogue] >> neil: but they do come
>> because there was no imminent threat of the debt ceiling not being raised, right? these were protest vote ofs, as opposed to organized efforts -- >> neil: i don't know. i covered at the time. that was a close call. that was a close call. every prominent democrat voted to stop it. you are right nretrospect tdidn't happen and like the prior incidents, it never happened. but i just worry about giving a president of either party cart blanch authority to go ahead and raise the debt...
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Jan 15, 2013
01/13
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raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. but to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it is absurd. the full faith and credit of the united states of america is not a bargaining chip. and they had better choose quickly because time is running short. >> house republicans continued to threaten to use the debt ceiling as a bargaining chip. house republican conference chairwoman kathy rogers told "political" i think it is possible we would shut down the government to make sure that president obama understands that we're serious. well, i guess that would do it. we always talk
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. but to even entertain the idea of this happening, of...
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Jan 12, 2013
01/13
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the debt ceiling and president obama's raising priorities for the second term. what if tomorrow morning at 10:00 and later on at 6:00 p.m. eastern here on c-span. >> if you ask how many are libertarians, depending on which poll you look at he might be getting between 10% and f-15s term. if the people a battery of questions about different ideological things, and any track those, you get up to maybe 30% of americans calling themselves libertarian. if you ask them if they're economically conservative but socially liberal you get over half of american saying that is what they are appeared just because people say these things does not mean they really believe them. if the ask most americans do you want smaller government and they say yes. i have to say roughly as low as 10%. if they were conscious and political, they could be a big movement. they could have a shared ideology and a lot of influence in colleted. >> begin implement changes to achieve a balanced budget. >> this will come i welcome him to the white house to discuss a wellhead in afghanistan. i want to up
the debt ceiling and president obama's raising priorities for the second term. what if tomorrow morning at 10:00 and later on at 6:00 p.m. eastern here on c-span. >> if you ask how many are libertarians, depending on which poll you look at he might be getting between 10% and f-15s term. if the people a battery of questions about different ideological things, and any track those, you get up to maybe 30% of americans calling themselves libertarian. if you ask them if they're economically...
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Oct 15, 2013
10/13
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good morning, sir. >> let's raise that debt ceiling. welcome back. and now let's start with jimmy kimmel who noticed something a little strange after the bears/giants game last week. >> bears running back matt forte spoke to reporters in the locker room after the game. keep an eye on rich king in the background. >> between time of possession and not having to -- did a freight job finding open receivers. you want to win all your home games. hard to win on the road. so getting a win tonight was critically important. >> get that man a chapstick, will you? i don't know what he was doing, but mrs. king is a very lucky woman. >> well, sometimes it's vampires, but apparently zombies are hot enough to make a show about them the most watched show on television. more than 16 million people tuned into walk the walking dead's season four premiere. even beat out sunday night football. and remember, this show is on amc. they just keep cranking it out. entertainment weekly reports viewer ship is up 30% from the show's previous high. now, who is behind what many con
good morning, sir. >> let's raise that debt ceiling. welcome back. and now let's start with jimmy kimmel who noticed something a little strange after the bears/giants game last week. >> bears running back matt forte spoke to reporters in the locker room after the game. keep an eye on rich king in the background. >> between time of possession and not having to -- did a freight job finding open receivers. you want to win all your home games. hard to win on the road. so getting a...
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Sep 30, 2013
09/13
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this is because it is so important to raise the debt ceiling. the republicans are saying this is our chance to get what we want and what we think is right for the country. most countries do not have a debt ceiling. they just pay the bills that toy incur and do their best have as little debt as they can get away with. the debt ceiling was put in place to create situations like this, to raise pressure on both , to give a party that might not have a majority the ability to put pressure on the majority for concessions. you can argue whether it is healthy or unhealthy, but its very existence leads to the kind of showdown we are having now. question about where the money comes from when we raise the debt ceiling. why can't we just print more money? aren't we doing that every month now? guest: right. ok, it is really important to distinguish between the banking system, the federal reserve and the banks, and how money is created in a modern capitalistic economy versus what the government spends. congress does not have any right to print money. the feder
this is because it is so important to raise the debt ceiling. the republicans are saying this is our chance to get what we want and what we think is right for the country. most countries do not have a debt ceiling. they just pay the bills that toy incur and do their best have as little debt as they can get away with. the debt ceiling was put in place to create situations like this, to raise pressure on both , to give a party that might not have a majority the ability to put pressure on the...
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Oct 18, 2013
10/13
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the debt ceiling. the president was able to sign that legislation, doing both those things, just after midnight. but then this morning, with the government slowly starting to reopen. president obama made remarks at the white house, speaking before some federal employees who had been furloughed during the shutdown. and he talked at the white house about what just happened, about what he thinks ought to be learned about what just happened. and what he hopes happens next. and when he made these remarks today at the white house, he sounded a little bit like 2008 again. he went back to the very first themes, the very first basic message that he ran on in the first place in 2008. the message that washington has to change, that there has to be a more adult way of handling the governing of the country, that we need to grow up and prioritize good governance in washington over everything else that seems to drive us instead. >> but, all my friends in congress, understand that how business is done in this town has
the debt ceiling. the president was able to sign that legislation, doing both those things, just after midnight. but then this morning, with the government slowly starting to reopen. president obama made remarks at the white house, speaking before some federal employees who had been furloughed during the shutdown. and he talked at the white house about what just happened, about what he thinks ought to be learned about what just happened. and what he hopes happens next. and when he made these...
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Oct 17, 2013
10/13
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point, yeah. >> but you wouldn't have threatened to not raise the debt ceiling. you're just saying you would have been negotiating. >> as a negotiation. you vet out there ultimately the end fact there was going to be a deadline of october 17th but not threaten to do it but have it out there as a negotiating point which has worked out pretty well in past years. >> not a threat just an opportunity. >> an implied threat. opportunity. not actually say you're going to shut it down. but it was there. it's worked in the past. worked in 2011. certainly worked with -- >> worked in 2011? the stock market went down almost 2,000. >> we got more cuts in the last two years since the korean war. two conservative yea two consecutive years of cuts. i go back to 1980s during the reagan years where they did have solid negotiations going into the debt ceiling. >> thank you so much, congressman. >> i want to ask you about democrats but we'll talk more. >> dana and gloria don't go anywhere. the compromise to fund the government made its way through congress. we'll talk to one house re
point, yeah. >> but you wouldn't have threatened to not raise the debt ceiling. you're just saying you would have been negotiating. >> as a negotiation. you vet out there ultimately the end fact there was going to be a deadline of october 17th but not threaten to do it but have it out there as a negotiating point which has worked out pretty well in past years. >> not a threat just an opportunity. >> an implied threat. opportunity. not actually say you're going to shut it...
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Jan 5, 2013
01/13
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we are at the point where the debt ceiling need to be raised. what we did the last time this came up was replaced the budget control act and said that for any $1 increase in the debt limit, we've got to have a $1 deduction in spending, because we've got to get our fiscal house in order. that's what we are talking about as we go into the debt ceiling discussion. any agreement, we have to have real reduction so we get the deficit under control so we don't continue to increase the debt the debt reduced over time. host: our guest john hoeven is former president and ceo of the bank of north dakota and a graduate of dartmouth and went to northwestern university. on facebook -- guest: i think, again, we've got to get to the point where we are moving the legislation across the floor in a clear, open, transparent manner where it is debated, the public is aware of what is getting funded and what is not getting funded, so there is broad public support for things that have merit and they are funded. and the things that are not, in that debate back and forth
we are at the point where the debt ceiling need to be raised. what we did the last time this came up was replaced the budget control act and said that for any $1 increase in the debt limit, we've got to have a $1 deduction in spending, because we've got to get our fiscal house in order. that's what we are talking about as we go into the debt ceiling discussion. any agreement, we have to have real reduction so we get the deficit under control so we don't continue to increase the debt the debt...
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Oct 17, 2013
10/13
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and raise the debt ceiling. banner had refused a vote on that. most republicans did not like the idea and wanted to keep adding more ransom demands. none of which they got. finally, wednesday night, tonight, john boehner said he would allow a vote to raise the debt ceiling. tonight he finally did it. the white house had insisted that there are no winners, but nobody is coming out on top and it may be true that nobody wins here. but somebody definitely lost here, and the story of john boehner leading the house republicans since the got control of congress in 2011 is a remarkable story of failure. we have not had two near defaults, two brushes up against the debt ceiling, one government shutdown and no legislation of any significance at all since he has been speaker. he has been unable to roll back any accomplishments of the democrats on that time. the means by which john boehner has failed over the past three years have been public, all happening in the open. we ought to be able to predict them, but it's always s
and raise the debt ceiling. banner had refused a vote on that. most republicans did not like the idea and wanted to keep adding more ransom demands. none of which they got. finally, wednesday night, tonight, john boehner said he would allow a vote to raise the debt ceiling. tonight he finally did it. the white house had insisted that there are no winners, but nobody is coming out on top and it may be true that nobody wins here. but somebody definitely lost here, and the story of john boehner...
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Oct 15, 2013
10/13
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debt ceiling until february 7th. can congress learn how to play nice? we'll see, on the left, deborah wasserman schultz, on the right, and suzie orman has more on the finances. >> your actions are bringing down the greatest country in the world. and it is on your shoulder. >> tough words from suze orman. and more on the number one movie, "gravity". >>> and well, he wanted to turn the anniversary of sandy hook, into, i'm quoting, "gun saves lives day." and on let's make a deal in washington, chief correspondent, dana bash, the world's hardest working woman right now. dana, are we nearly there? >> we're getting closer, but i'm definitely not going to predict we're there, because we've seen these things die several deaths before they come back to life. but piers, all day long we were hearing from democratic and republican sources that the republican leader, the democratic leader, i watched them go back and forth to each other's offices and they do appear to have a framework of a deal. what is it? it is effectively to fu
debt ceiling until february 7th. can congress learn how to play nice? we'll see, on the left, deborah wasserman schultz, on the right, and suzie orman has more on the finances. >> your actions are bringing down the greatest country in the world. and it is on your shoulder. >> tough words from suze orman. and more on the number one movie, "gravity". >>> and well, he wanted to turn the anniversary of sandy hook, into, i'm quoting, "gun saves lives day."...
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Sep 25, 2013
09/13
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the leverage is not raising the debt ceiling. the american people do not want unrelated items being used as leverage around shutting down the government are increasing down the government or increasing the debt ceiling. -- kyle is on our line for democrats. georgia. you are on with charisma john delaney. caller: i am not a democratic caller. i don't want to misrepresent your position, but something you said concerned me. -- seem to scene brush off the debt crisis, and increasing of the debt ceiling, it is kind of like a false argument. is it your position it is not a big deal? and, two, would there be a debt figured that you would be concerned we would not be able to dig our way out of? guest: that is a good question. i do think we have a debt issue in this country but the debt ceiling is not central to that issue. the debt ceiling has to be raised because of commitments congress has already raised. across the last several congress is going back 10 or 15 years we made spending decisions am a taxing decisions, commitments. and we
the leverage is not raising the debt ceiling. the american people do not want unrelated items being used as leverage around shutting down the government are increasing down the government or increasing the debt ceiling. -- kyle is on our line for democrats. georgia. you are on with charisma john delaney. caller: i am not a democratic caller. i don't want to misrepresent your position, but something you said concerned me. -- seem to scene brush off the debt crisis, and increasing of the debt...
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Jan 24, 2013
01/13
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starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i think the more constitutionalists among them assuming that they are there that the amendment mattered more to them. but emotionally they probably wanted to make boehner pass this bill with his republicans. you know, in a way don't blame them for that. it's a harmless game. there are harmful games and harmless games. that was a relatively harmless one. obama also supported the passage of this, john, i think that if it had been in danger i think enough democrats would have switched over and voted yes. i think they were just trying to make a point. >> john: that makes me feel better. but let me ask you something the number one criticism from my republican friends has been so budget has been passed. why can't you democrats pass a budget how shameful. how should democrats respond to this? >> well, it is true that they haven't passed a budget. you can say that mat
starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i think the more constitutionalists among them assuming that they are there that the amendment mattered more to them. but emotionally they probably wanted to make boehner pass this bill with his republicans. you know, in a way don't blame them for that. it's a harmless game....
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Jan 22, 2013
01/13
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we learned on monday that the house will vote tomorrow on raising the debt ceiling for a period of three months, and the republicans have made a big concession. they had their dance and took a moment to savor the scene. now it's time to get back to work. in his inaugural speech, the president called on both parties not to let politics get in the way of governing. >> we must act knowing that our work will be imperfect. we must act knowing that today's victories will be only partial. >> reporter: so republicans are offering a compromise on the debt ceiling. house gop members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling has raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. i think we realize the president won the election. >> reporter: but republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a highe debt limit, they want senate democrats to do something they haven't done in four years -- pass a budget. >> for us to
we learned on monday that the house will vote tomorrow on raising the debt ceiling for a period of three months, and the republicans have made a big concession. they had their dance and took a moment to savor the scene. now it's time to get back to work. in his inaugural speech, the president called on both parties not to let politics get in the way of governing. >> we must act knowing that our work will be imperfect. we must act knowing that today's victories will be only partial....
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Oct 17, 2013
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the debt ceiling raised until early february. federal workers will receive pay dating back to the start of the shutdown so folks, you're going to get paid for not working. negotiations will begin between the house and the senate on a longer term budget deal. the senate voted overwhelmingly to support this bill 81-18 with majority with many republicans saying yes. the house gave its okay. the result there was a little bit closer. majority of republicans there said no, still 87 as you can see there did vote for it, joining 100%, every single democrat in that chamber. our jim acosta begins our coverage. >> the motion is adopted. >> reporter: just as the nation was on the brink, the house of representatives blinked. and passed the better senate compromise to raise the nation's debt ceiling. after a 16-day shutdown, the federal government will come back to life. thousands of employees returning to work in washington to critical medical research programs, to national parks, even the panda cam and the national zoo. >> we will begin reop
the debt ceiling raised until early february. federal workers will receive pay dating back to the start of the shutdown so folks, you're going to get paid for not working. negotiations will begin between the house and the senate on a longer term budget deal. the senate voted overwhelmingly to support this bill 81-18 with majority with many republicans saying yes. the house gave its okay. the result there was a little bit closer. majority of republicans there said no, still 87 as you can see...
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Oct 21, 2013
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goin debt ceiling. >> it was a close call. >> there was a faction that took control of the direction of this tediedebate. i would look at what republican lieders have said to themselves. i think the message that we have to send going forward this was a tunnel ee turnina -- turning poy night. and it won't happen again. it can't happen again. >> it was a turning point for the country that won't be allowed to happen again. >> same sex marriage is legal in new jersey. the supreme court rejected a request. the state's newly elected senator has been officiating same sex marriages since 1 12:stloi 1. 12:01. >> i wouldn't officiate marriages gay and les lesbian americans were second class citizens and they didn't have equal rights and equality under the law. now we do. this is a day of rejoicing. >> it's the law for now. it could be thrown out. in january the high court will here appeals against same sex marriage in new jersey. >> in egypt police and students clashed over the weekend. ththey were protesting the poli. fights broke out when the students marched off campus. >> also in egypt thr
goin debt ceiling. >> it was a close call. >> there was a faction that took control of the direction of this tediedebate. i would look at what republican lieders have said to themselves. i think the message that we have to send going forward this was a tunnel ee turnina -- turning poy night. and it won't happen again. it can't happen again. >> it was a turning point for the country that won't be allowed to happen again. >> same sex marriage is legal in new jersey. the...
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Jan 14, 2013
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raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up and we need to pay them. so while i'm willing to compromise and find common ground how to reduce our deficits, america can not afford another debate with this congress about whether or not they should pay the bills they have already racked up. if congressional republicans refuse to pay america's bills on time, social security checks, and veterans benefits will be delayed. we might not be able to pay our troops, or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear materials wouldn't get their paychecks. investors around the world will ask if the united states of america is in fact a safe bet? markets could go haywire, interest rates would spike for anybody who borrows money, every homeowner with a mortgage, every student with a college loan, every small business owner wh
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up and we need to pay them. so while i'm willing to compromise and find common ground how to reduce our deficits, america can not afford another debate with this congress about whether or not they should pay the bills they have already racked up. if congressional republicans refuse to pay america's bills...
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Oct 16, 2013
10/13
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FOXNEWSW
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sure, politically,. >> in 2004 you were against raising the debt ceiling. at that point he we were in danger of going over that debt ceiling, and abandoning the full faith and credit of the united states treasury just like we are now. but you took completely done a full circle. >> well, no, no, no. iffound anybody that understands how politics work here, the question someone should have asked me is that are you prepared to have the united states government to default because rangel you have your private agenda and i would say please back off because there is nothing i can think of that what i caused jeopardizing the full faith and credit of the united states of america. now, with every hand debt ceiling, of course, the opposition raises questions. we never thought that we would just be happy that the government was closing down. no, no, no. there is something in the water today that didn't exist when i resisted increasing the debt ceiling and you know it. >> i think it's a republican in the white house then versus a democrat now. i don't know. >> well, that
sure, politically,. >> in 2004 you were against raising the debt ceiling. at that point he we were in danger of going over that debt ceiling, and abandoning the full faith and credit of the united states treasury just like we are now. but you took completely done a full circle. >> well, no, no, no. iffound anybody that understands how politics work here, the question someone should have asked me is that are you prepared to have the united states government to default because rangel...
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Oct 15, 2013
10/13
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CNN
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debt ceiling until february 7th. can congress learn how to play nice? we'll see, on the left, deborah wasserman schultz, on the right, and suzie orman has more on the finances. >> your actions are bringing down the greatest country in the world. and it is on your shoulder. >> tough words from suze orman. and more on the number one movie, "gravity". >>> and well, he wanted to turn the anniversary of sandy hook, into, i'm quoting, "gun saves lives day." and on let's make a deal in washington, chief correspondent, dana bash, the world's hardest working woman right now. dana, are we nearly there? >> we're getting closer, but i'm definitely not going to predict we're there, because we've seen these things die several deaths before they come back to life. but piers, all day long we were hearing from democratic and republican sources that the republican leader, the democratic leader, i watched them go back and forth to each other's offices and they do appear to have a framework of a deal. what is it? it is effectively to fu
debt ceiling until february 7th. can congress learn how to play nice? we'll see, on the left, deborah wasserman schultz, on the right, and suzie orman has more on the finances. >> your actions are bringing down the greatest country in the world. and it is on your shoulder. >> tough words from suze orman. and more on the number one movie, "gravity". >>> and well, he wanted to turn the anniversary of sandy hook, into, i'm quoting, "gun saves lives day."...
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Sep 13, 2013
09/13
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FOXNEWS
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obama is absolutely serious about not raising the debt ceiling. let the republican party do it. >> the republicans aren't budging either. it's another place where they both just stair at each other. >> pooif done shows we stay until midnight on the day they're shutting down the government at midnight. at 11:59 they come up with a deal. we all oh thank god they didn't shut down the government. >> in the 90s, that actually happened. >> i wasn't around? >> you were a kid. >> they're working on animation where the red eye covers the debt ceiling right now. you will not be forced to stay again like last time. coming up straight ahead, a serious topic. this droung driver put out a video confession saying he killed a man and wanted to take credit. why did he just plead not guilty in court? it could make ♪ >>> welcome back. we love fox and friends here at the five. i've sat in from time to time i know what it's like to work with those fellows. on monday, elizabeth will join the team. i don't know if she knows what she's gotten herself into. >>> i'm so e
obama is absolutely serious about not raising the debt ceiling. let the republican party do it. >> the republicans aren't budging either. it's another place where they both just stair at each other. >> pooif done shows we stay until midnight on the day they're shutting down the government at midnight. at 11:59 they come up with a deal. we all oh thank god they didn't shut down the government. >> in the 90s, that actually happened. >> i wasn't around? >> you were a...
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Jan 5, 2013
01/13
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CNNW
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the president's going to have to raise it, and the debt ceiling is not the problem. the problem is the debt and the spending that's driving the debt. and so the number one thing is to avoid, "a," the notion that speaker boehner can trot down to the white house and somehow we can solve the nation's problems or, "b," that we want do this at the 11th hour at all. instead we want our congress and our president to do their job. and i for one believe that in moments like this, presidential leadership is an imperative. but the president doesn't want to put a plan out, and he's shown no appetite for taking on this problem. then the house should pass something, and the senate needs to act. all right, robert. >> they have not had the senate pass anything in years. >> robert, shouldn't the president be the one that comes out with a plan and says this, look, i'm so sick of this petty, stupid, sandbox unpleasantness rather than the word i would prefer to use there, i'm sick of it, and so i'm going to put out, here's my plan. >> yes. erin, the president has put out a plan. he put
the president's going to have to raise it, and the debt ceiling is not the problem. the problem is the debt and the spending that's driving the debt. and so the number one thing is to avoid, "a," the notion that speaker boehner can trot down to the white house and somehow we can solve the nation's problems or, "b," that we want do this at the 11th hour at all. instead we want our congress and our president to do their job. and i for one believe that in moments like this,...
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77
Jan 14, 2013
01/13
by
CSPAN
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eye 77
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raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have party been racked up, and we need to pay them. so while i am willing to compromise and find common ground for how to reduce the deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. if congressional republicans refuse to pay america's bills on time, social security checks, veterans benefits will be delayed. we might not be able to pay our troops or honor our contracts with small-business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear materials would not get their paychecks. investors around the world will ask if the united states of america is in fact a safe bet. markets could go haywire. interest rates would spike for anyone who borrowed money. every homeowner with a mortgage, every student with the business -- every student with the student
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have party been racked up, and we need to pay them. so while i am willing to compromise and find common ground for how to reduce the deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. if congressional republicans refuse to pay america's...
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Oct 16, 2013
10/13
by
FBC
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that debt ceiling on time and i don't think there's any question on that. charles: what about the notion that because of what happened today in the house, that the senate democrats have an opportunity to go and attack sequestration or take sequester out of the equation even though it could've been something that both sides would have included just hours ago? >> i think that the senate democrats attempt to take off as minor spending cuts that we have put into place and they have created a default on america's debt and i think that that would be a terrible decision on their part. charles: the most famous republican in history when fed a house divided against itself cannot stand. the republican party at this particular times seems to be a house divided against itself. it is the right kind of leadership in washington to bring them together even when they disagree on things? >> i don't think there's any question that we are very divided at this point. that limits our ability to shape the government and a significant way. i don't think it's a case of simply of le
that debt ceiling on time and i don't think there's any question on that. charles: what about the notion that because of what happened today in the house, that the senate democrats have an opportunity to go and attack sequestration or take sequester out of the equation even though it could've been something that both sides would have included just hours ago? >> i think that the senate democrats attempt to take off as minor spending cuts that we have put into place and they have created a...
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Oct 13, 2013
10/13
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FOXNEWSW
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the debt ceiling. senators on both sides of the aisle giving bleak assessments about how talks are progressing. >> i think we're in a status quo. i do think we will see our way through this, but the last 24 hours have not been good. >> this leadership must lead. basically, we're in a crisis mode right now. we should not be here. there's no way it's acceptable for this government to be shut down. this is self-inflicted pain on millions of people. it's unnecessary. >> that was on "fox news sunday" today. meantime, a white house official is telling fox news that president obama was briefed by a senior staff on the effects of the government shutdown and that looming debt ceiling deadline. steve is live in washington with more on that. steve, good evening to you. are we any closer to a compromise tonight? >> jamie, it's hard to tell. likely nothing is going to happen tonight, but the senate comes back tomorrow at 2:00 to continue working on this. senator reid talked by phone this afternoon with senate mie t
the debt ceiling. senators on both sides of the aisle giving bleak assessments about how talks are progressing. >> i think we're in a status quo. i do think we will see our way through this, but the last 24 hours have not been good. >> this leadership must lead. basically, we're in a crisis mode right now. we should not be here. there's no way it's acceptable for this government to be shut down. this is self-inflicted pain on millions of people. it's unnecessary. >> that was...
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Oct 9, 2013
10/13
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ALJAZAM
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this is they're latest plan to re-open the government and raise the debt ceiling. is it a workable solution or a political ploy? >> we've heard this before. it's happened many times before, and these committees usually fail to come up with an agreement. i could envision a scenario. in fact, it's the most likely scenario right around the 17th both boehner and obama say, all right, we'll raise the debt ceiling and end the shutdown at least for a while in exchange for some committee that will look at options. maybe it will last for a couple of months. that means the cloud continues to persist. we could get into mid-december and have another crisis if this committee doesn't come up with anything meaningful. >> and they are watching overseas as well. how is the shutdown affecting global investors with interests here in the u.s.? >> for now it's not enormous, although the backup in yields on short-term bills yesterday was troubling. i would say for investors around the world there are two concerns. we've talked about default. i think default maybe is a 20% chance. it's n
this is they're latest plan to re-open the government and raise the debt ceiling. is it a workable solution or a political ploy? >> we've heard this before. it's happened many times before, and these committees usually fail to come up with an agreement. i could envision a scenario. in fact, it's the most likely scenario right around the 17th both boehner and obama say, all right, we'll raise the debt ceiling and end the shutdown at least for a while in exchange for some committee that...
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Jan 15, 2013
01/13
by
CSPAN
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eye 82
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there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there are more than one battle happening. where do you think the negotiations should take place? should be the debt ceiling or the continuing resolution to fund the government or sequestration? caller: the continuing revolution to keep the government going -- resolution. there are many departments we don't need. i was showing my grandchildr the debt clock, telling him how much money he would know when he becomes a taxpayer. he said he does not want to become a taxpayer. this is taxation without representation. they have to get this under control. they need a dyiet. host
there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there...
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Oct 17, 2013
10/13
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MSNBCW
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eye 100
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and raise the debt ceiling. banner had refused a vote on that. most republicans did not like the idea and wanted to keep adding more ransom demands. none of which they got. finally, wednesday night, tonight, john boehner said he would allow a vote to raise the debt ceiling. tonight he finally did it. the white house had insisted that there are no winners, but nobody is coming out on top and it may be true that nobody wins here. but somebody definitely lost here, and the story of john boehner leading the house republicans since the got control of congress in 2011 is a remarkable story of failure. we have not had two near defaults, two brushes up against the debt ceiling, one government shutdown and no legislation of any significance at all since he has been speaker. he has been unable to roll back any accomplishments of the democrats on that time. the means by which john boehner has failed over the past three years have been public, all happening in the open. we ought to be able to predict them, but it's always s
and raise the debt ceiling. banner had refused a vote on that. most republicans did not like the idea and wanted to keep adding more ransom demands. none of which they got. finally, wednesday night, tonight, john boehner said he would allow a vote to raise the debt ceiling. tonight he finally did it. the white house had insisted that there are no winners, but nobody is coming out on top and it may be true that nobody wins here. but somebody definitely lost here, and the story of john boehner...
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Jan 5, 2013
01/13
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MSNBCW
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ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the reporter that dug up fbi files on the movie star. [ male] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the eas
ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the...